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Rare Chance to Own Profitable Multi-Site Restaurant Business in Scenic Cornwall

Undisclosed, Cornwall

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/10/23

  • Advert ID

    601553

  • Reference

    492 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £300,000 (Stock at valuation)
  • Turnover: £991,352 (£19,064 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Central Position in Affluent Village
  • Town Centre location
  • High Turnover
  • Prime Location
  • Attractive Business
  • Close to Local Amenities
  • With Car Park
  • Fully Fitted

Business Details

This is a rare opportunity to acquire a popular multi site restaurant business (3 sites) in Cornwall

This is a rare opportunity to acquire a popular multi-site restaurant business spanning 3 sites in Cornwall. The business is available on a leasehold basis.

The business is a fantastic multi-site restaurant, cafe, and outside catering business that is now on the market due to health reasons. Within the business setup, there are restaurants at 2 sites as well as having a cafe at another, all of which are staff run by full-time and seasonal staff. The largest site is very busy and caters for all tastes, but their Sunday lunches are hugely popular. They also cater for weddings, functions, as well as providing outside catering. The restaurant at the second site boasts stunning lakeside views, sensory beach, and great food, whilst the second café offers a relaxed dining experience with beautiful riverside views.

The business has been established since 2021 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation in their local community and this is spreading across the region as the business continues to grow. They can also boast a loyal customer base which has resulted in a vast amount of repeat and recommended business which has led to impressive financial figures over a sustained period.

The premises at all 3 sites have been renovated to an exceptionally high standard throughout as the current owners have skilfully combined the character features of the building with modern fixtures and fittings. The larger site has parking and space ideally suited to functions, weddings, parties etc. All sites have ample parking and set in beautiful locations, and all are conveniently located just minutes away from the main town.

·       Highly sought-after stunning locations

·       Sale includes all 3 sites!

·       Prominent locations in the area

·       Excellent relationships with key suppliers

·       Loyal customer base

·       High quality premises renovated to a high standard.

·       Large outside seating areas

·       Large amount of car parking

·       Skilled, reliable staff

·       All fixtures and fittings included

·       Excellent reviews on several platforms

·       Minimal competition

·       High Turnover - £900,000 (approx.)

·       Huge Potential for further growth and success.

It is with a heavy heart that the current vendor is selling due to health reasons. Due to the locations and impressive financial performance of the businesses, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the catering sector or an existing business which already has multiple sites looking for a lucrative acquisition.

Due to the huge potential of this business and the highly sought-after locations, this business is already experiencing high volumes of enquires, so to avoid disappointment, please contact us for further information.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'This is a rare opportunity to acquire a popular multi site restaurant business (3 sites) in Cornwall - 492 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.